604-306-4414

22213 122 Avenue West Central, Maple Ridge

4 bed | 2 bath | $1,998,000

Photo 1 at 22213 122 Avenue, West Central, Maple Ridge
22213 122 Avenue, West Central, Maple Ridge

"About this House in West Central, Maple Ridge"

 

Exceptional two-lot development assembly opportunity in Maple Ridge Town Centre. 22213 122 Ave & 12230 222 St are offered together only for a total asking price of $3,996,000. A feasibility study supports a proposed 6-storey, approximately 52-unit multifamily apartment development with an estimated 32,290 sq. ft. buildable area (2.0 FSR), subject to City approval. Potential development options include market rental, strata, or mixed tenure. Existing holding income of approximately $9,250/month ($111,000/year) provides cash flow during the rezoning and entitlement process. Proposed rezoning from RS-1 to RM-2. Full marketing package available upon request.

Listed by Vanak Realty.

 

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Frank Topol for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

Property Features

  • MLS® : R3150811
  • Type : House
  • Bedrooms : 4
  • Bathrooms : 2
  • Square Feet : 2,072 sqft
  • Lot Size : 8,952 sqft
  • Frontage : 97.00 ft
  • Taxes : N/A
 

Inquire About This Property

 
 
Photo 1 at 22213 122 Avenue, West Central, Maple Ridge